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...those bad loans. Fueled by the shadow system's demand for loan-based derivatives, enough regular banks issued lousy loans that now they too are failing, hence the fate of Washington Mutual and Wachovia. In the worst case of an unchecked, full-blown panic, even banks that operated cautiously within the post-1929 safeguards could be vulnerable. At that point, Paulson and Bernanke would have to resort to even more extreme measures...
...can’t change the world, but within the poem, things should be re-tuned at least. Maybe eventually, gradually, poems enter the consciousness of individuals, and then of a culture, and then has a general effect. But it’s on sensibility rather than politics...
...champion in the BCS era, has been partially blamed on nationwide scholarship reductions that made powerhouse programs like Alabama, Notre Dame, and Michigan less able to stockpile talented players, as they had in the past. The resulting trickle-down effect of talent has meant that upsets are more likely within Division I-A, as well as in matchups between Division I-A and I-AA squads (the most famous example being Appalachian State’s stunning upset of Michigan last season). These changes in college football’s talent distribution seem to have helped academically strong schools...
...well liked as Ike. Stevenson, a renowned crusader for the cause of American liberalism (if there is such a thing), may also have dated himself with this quip; this year, a half-century after it was made, not one but two “girls” have drawn within practical inches of the Oval Office. But the governor’s point remains clear: Ours is an exceptional nation, for our commitment to—or pretension of—classless meritocracy, representative democracy in its purest, fairest form, and an undying optimism about our shared future.Today...
...procedures for responding to allegations of misconduct in research” in order to accommodate mandated regulations from the Public Health Service, a federal program that distributes research funds. One policy revision will allow FAS Dean Michael D. Smith to review research issues that do not fall within the federal government’s definition of research misconduct, including administration of sponsored awards and representation of academic credentials, according to Dean R. Gallant, assistant dean for research policy and administration and director of the Science Center. The changes will not be particularly significant, as the reform will merely codify procedures...